Simulation Games - Canada
Canada- The Simulation Games market in Canada is expected to witness significant growth in the coming years.
- According to projections, the total revenue for this market is estimated to reach US$223.20m in 2022.
- This indicates a positive trend in the industry.
- Furthermore, the market is anticipated to exhibit an annual growth rate of 6.76% (CAGR 2022-2027).
- This growth is expected to result in a projected market volume of US$313.20m by 2027.
- These numbers highlight the potential for substantial expansion within the Simulation Games market in Canada.
- When examining the revenue sources within this market, in-app purchases (IAP) are projected to contribute significantly.
- In 2022, it is estimated that in-app purchase revenue will reach US$101.80m.
- This demonstrates the popularity of these types of transactions among consumers in the Simulation Games market.
- Paid app revenue is also expected to make a notable contribution to the overall revenue.
- In 2022, it is projected to reach US$6.67m.
- This indicates that consumers in Canada are willing to pay for the games they enjoy, further driving revenue growth in the market.
- Another significant revenue stream within the Simulation Games market is advertising.
- It is anticipated that advertising revenue will reach US$114.70m in 2022.
- This highlights the importance of advertising strategies in capturing the attention of consumers and generating revenue within the industry.
- The number of downloads is another crucial metric to consider when assessing the market's performance.
- In 2022, the projected number of downloads in the Simulation Games market is 91.05m downloads.
- This indicates a substantial consumer interest in these types of games.
- Moreover, the average revenue per download is expected to amount to US$2.45.
- This figure provides insights into the value generated from each download, further emphasizing the market's potential for revenue generation.
- In a global context, it is worth noting that United States leads in terms of revenue generation in the Simulation Games market.
- In 2022, United States is projected to generate US$4.60bn, highlighting its dominance in the global market.
- Overall, the Simulation Games market in Canada is poised for growth, with revenue projections and market volume indicating a prosperous future for this segment.
- Key regions:
- Germany,
- India,
- United States,
- South Korea,
- Asia
Definition:
Simulation game apps are designed to closely simulate aspects of reality. The category has been defined by titles (produced by the video game developer Maxis) such as SimCity, which involves building and designing an urban city from scratch, and The Sims, which simulates suburban family and social life with human relationships, home improvement, and the pursuit of happiness. Various flight simulators also offer highly realistic simulations of flying commercial airplanes, with aerodynamics, weather changes, and traffic control in airports.Additional Information:
We consider three different sources of revenue:- Revenue from in-app purchases (IAP) that comes from the purchase of features, upgrades, and subscriptions within an app
- Paid app revenue from the one-time purchase of an app
- Advertising revenue obtained from showing ads within an app
In-Scope
- Apps that can be downloaded from major app stores such as Apple, Inc.'s App Store and the Google Play store, or in the case of China, from stores such as Huawei AppGallery and Tencent Appstore.
- Apps that are run on iPhones and Android phones.
Out-Of-Scope
- Apps exclusively offered by Microsoft Store and Amazon Appstore for Android.
- Custom-made apps not available from any official app store.
- B2B/C2C app sales of any kind.
- Subscription revenues outside of in-app purchases (for example, Netflix and Spotify use their own payment systems outside of their apps).
